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  • Asian parents among top spenders on education

    SINGAPORE -- Asian parents are investing heavily in education to give their children better career opportunities in an increasingly competitive job market, according to an HSBC report.The report was based on a survey of over 8,400 parents in 15 coun

    October 6, 2017 08:16 pm JST
  • Malaysia's August exports rose 21.5% on year

    KUALA LUMPUR (Nikkei Markets) -- Malaysia's August exports rose 21.5% from a year earlier thanks to stronger shipments of electronics and robust demand from China, official data Friday showed.Exports in August totalled 82.2 billion ringgit ($19.4 bi

    October 6, 2017 05:46 pm JST
  • Nikkei Asia300 Index edges higher as Singapore property developers advance

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Thursday, helped by Singapore property developers and positive U.S. cues.The Nikkei Asia300 Index rose 0.2% to 1,315.07. Trading was thin as markets in Hong Kong, China, and South Korea wer

    October 5, 2017 08:27 pm JST
  • Singapore shares gain on real-estate developers, Malaysia stocks fall

    KUALA LUMPUR (Nikkei Markets) -- Singapore shares rose Thursday, led by real-estate developers amid expectations of a rebound in the city-state's residential property market.Malaysia shares fell on renewed concerns about foreign fund outflows.Singap

    October 5, 2017 07:36 pm JST
  • Malaysian retail chain taps Japanese expertise in ready meals

    KUALA LUMPUR -- Bison Consolidated, which owns a chain of homegrown convenience stores named myNEWS.com, is partnering Japan's Gourmet Kineya and Ryoyu Baking to expand its range of ready-to-eat meals.Bison is expanding quickly in the growing urban

    October 5, 2017 07:19 pm JST
  • Petronas unit to focus investments in Canada's North Montney

    KUALA LUMPUR (Nikkei Markets) -- Progress Energy, a Canadian unit of Malaysia's national oil company Petroliam Nasional, said Thursday it will focus on future investments in North Montney in British Columbia following its plan to sell Deep Basin ass

    October 5, 2017 07:06 pm JST
  • Resona to offer M&A brokerage services in Southeast Asia

    SINGAPORE -- Resona Holdings will launch a mergers and acquisitions service in Southeast Asia for Japanese companies, with its Singaporean subsidiary at the core of the operation.Using Resona Merchant Bank Asia, formerly AFC Merchant Bank, acquired

    October 5, 2017 12:40 pm JST
  • Regional risks are brewing in Bangladesh's Rohingya camps

    COX'S BAZAR, Bangladesh The typical morning in Cox's Bazar might be described as tranquil. Boys and girls gather to peel the shells off shrimp brought in by small fishing boats. Tourists sit in quiet reflection on the beach, one of the world's longe

    October 5, 2017 10:00 am JST
  • Nikkei Asia300 Index advances tracking record U.S. stocks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Wednesday, buoyed by record-high U.S. equities, even as Chinese developers extended their gains.The Nikkei Asia300 Index advanced 0.3% to 1,312.51. Taiwan's financial markets were closed on Wed

    October 4, 2017 08:58 pm JST
  • Singapore stocks lower as SIA Engineering slumps, Malaysian equities gain

    KUALA LUMPUR (Nikkei Markets) -- Singapore shares fell Wednesday, weighed by a slump in SIA Engineering after JP Morgan reportedly offered to sell a stake in the aircraft maintenance services provider. Malaysia stocks edged higher.SIA Engineering pl

    October 4, 2017 08:16 pm JST
  • World Bank raises Malaysia's 2017 growth forecast to 5.2%

    KUALA LUMPUR (Nikkei Markets) -- The World Bank Wednesday raised Malaysia's 2017 growth estimate to 5.2% from 4.9%, the second such upward revision this year, even as it flagged external risks to economic expansion pace.Leading indicators of near-te

    October 4, 2017 07:10 pm JST
  • Genting Hong Kong to cease secondary listing in Singapore

    KUALA LUMPUR -- Malaysian casino operator Genting has obtained conditional approval to delist its Hong Kong unit from the Singapore Exchange's main board, where it has a secondary listing.Genting Hong Kong, a cruise ship operator, said on Tuesday it

    October 4, 2017 02:48 pm JST
  • World Bank warns of 'serious economic consequences' if North Korea dispute escalates

    SINGAPORE/BANGKOK -- The World Bank has taken the unusual step of warning that geopolitical tensions could jeopardize what is otherwise a positive picture of regional growth prospects in its semiannual East Asia and Pacific Economic Update.The repor

    October 4, 2017 11:00 am JST
  • World Bank says 64% of people who live in slums are in Asia

    SINGAPORE -- Around 64% of people who live in urban slums are in Asia, as the region experienced rapid rural-to-urban migration that has left millions of urban dwellers in poverty, according to the World Bank.East Asia, including China, was home to

    October 3, 2017 09:17 pm JST
  • Nikkei Asia300 Index gains as reserve ratio cut boosts Chinese banks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Tuesday, led by Chinese banks following a targeted cut in their reserve requirements by the nation's central bank.The Nikkei Asia300 Index rose 0.8% to 1,309.04. Industrial and Commercial B

    October 3, 2017 08:33 pm JST
  • Malaysian stocks post first gain in 11 days, Singapore shares decline

    KUALA LUMPUR (Nikkei Markets) -- Malaysian shares rose Tuesday, ending a ten-day losing streak, helped by gains in gaming and hotels operator Genting Malaysia.Singapore stocks fell from two-month highs, led by banks.The FTSE Bursa Malaysia KLCI clim

    October 3, 2017 07:58 pm JST
  • Southeast Asia is world's hotspot for land disputes: report

    KUALA LUMPUR -- Businesses in Southeast Asia are increasingly counting the cost of land grabs, more than half of which result in delayed projects and nearly three-quarters of which lead to lawsuits, according to a wide-ranging research report. Out o

    October 3, 2017 04:31 pm JST
  • Japanese digital reward program crossing borders in Southeast Asia

    TOKYO -- A loyalty program backed by Japan Airlines and others will continue its expansion in Asia by enabling consumers in Japan, Indonesia and Malaysia to accrue and spend points in all of these countries starting next spring, a move that could he

    October 3, 2017 04:30 pm JST
  • Rohingya crisis raises risks of terrorism and social unrest

    COX'S BAZAR, Bangladesh -- The typical morning in Cox's Bazar might be described as tranquil. Boys and girls gather to peel the shells off shrimp brought in by small fishing boats. Tourists sit in quiet reflection on the beach, one of the world's lo

    October 3, 2017 01:30 pm JST
  • Nikkei Asia300 Index rises after China data, Wall Street boost

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan started the December quarter on a positive note, helped by better-than-expected factory activity data from China and a record run on Wall Street.The Nikkei Asia300 Index added 0.5% to 1,298

    October 2, 2017 08:36 pm JST